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Updated over 8 years ago,
Pulling money from paid off prop, but bad credit/self-employed
I found a foreclosure to fix and flip. I own 3 properties free and clear, approximately 3x the value of this fixer.
I'm in the process of repairing my credit after a bout of identity theft. I am self-employed and take out large deductions, so using returns for income verification is a problem.
Do I have any options to pull out equity from these properties, or do I have to turn to hard money to fund this flip?